Binance, the world’s largest cryptocurrency exchange, began the day with the announcement of Altcoin.
At this point, Binance announced that it had listed new Altcoin in Futures, and announced it was Paxg.
“To expand the list of trading options offered in Binance Futures and enhance the trading experience for users, Binance Futures lists PAXG.
Binance will begin a permanent PAXG/USDT contract with up to 75x leverage at 10:30 AM (UTC) on 2025-03-27.
What is Pax Gold (PAXG)?
Paxg is a gold-backed cryptocurrency released in September 2019 by the creator of Paxos Standard (PAX). Pax Gold, an ERC-20 token running on the Ethereum blockchain, is tradeable in a variety of exchanges, making it an accessible way for investors to start investing in gold.
Pax Gold stands out as it is backed by already established products. One of Pax Gold’s main goals is to make gold investments more accessible.
*This is not investment advice.
